Heterodox Academy
- Assets
- $1.7m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 16
- Location
- New York, NY
- Founding
- 07/2018
- Data as of
- 08/2021
- EIN
- 82-2903153
Organization Overview
Heterodox Academy is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 08/2021, Heterodox Academy employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heterodox Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Heterodox Academy generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.9% each year . All expenses for the organization totaled $2.9m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF RESEARCH AND EDUCATION IN UNIVERSITIES BY INCREASING OPEN INQUIRY, VIEWPOINT DIVERSITY, AND CONSTRUCTIVE DISAGREEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COSTS ASSOCIATED WITH INCREASING PUBLIC AWARENESS, PROVIDING TOOLS AND RESOURCES, AND SUPPORTING COMMUNITIES OF PRACTICE THAT ADVANCE OPEN INQUIRY, VIEWPOINT DIVERSITY, AND CONSTRUCTIVE DISAGREEMENT ON COLLEGE AND UNIVERSITY CAMPUSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Mashek Former Executive Director | 40 | $206,643 | |
Manon Loustaunau Interim Executive Director | Officer | 40 | $135,559 |
Cory Clark Director Of Academic Engagement | 40 | $115,853 | |
Jonathan Haidt Chair Of The Board, Trustee | OfficerTrustee | 3 | $0 |
Steven Laub Treasurer, Trustee | OfficerTrustee | 3 | $0 |
Anthony Banout Trustees | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,843 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,705,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,825,634 |
| Total Program Service Revenue | $0 |
| Investment income | $162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,832,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $210,995 |
| Grants and other assistance to domestic individuals. | $15,980 |
| Grants and other assistance to Foreign Orgs/Individuals | $48,080 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $174,581 |
| Compensation of current officers, directors, key employees. | $35,137 |
| Compensation to disqualified persons | $62,627 |
| Other salaries and wages | $655,644 |
| Pension plan accruals and contributions | $15,061 |
| Other employee benefits | $150,268 |
| Payroll taxes | $64,165 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $161,142 |
| Fees for services: Accounting | $130,742 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $941,947 |
| Advertising and promotion | $0 |
| Office expenses | $32,143 |
| Information technology | $101,993 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,525 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,570 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,555 |
| Insurance | $21,873 |
| All other expenses | $0 |
| Total functional expenses | $2,859,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $638,242 |
| Savings and temporary cash investments | $816,363 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $152,003 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,568 |
| Net Land, buildings, and equipment | $12,388 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,652,564 |
| Accounts payable and accrued expenses | $54,965 |
| Grants payable | $0 |
| Deferred revenue | $282,593 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $119,842 |
| Other liabilities | $0 |
| Total liabilities | $457,400 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,195,164 |
| Total liabilities and net assets/fund balances | $1,652,564 |
Grants Awarded
Over the last fiscal year, Heterodox Academy has awarded $208,516 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: SELF-CENSORSHIP OF POLITICAL OPINION ON COLLEGE CAMPUSES: TESTING AN INTERVENTION TO CHANGE CAMPUS NORMS | $30,000 |
New York, NY PURPOSE: CAN CHANGING ONE'S ONLINE SOCIAL NETWORK INCREASE OPEN-MINDED COGNITION | $30,000 |
Ames, IA PURPOSE: HARNESSING THE POWER OF NARRATIVE TO IMPROVE PERSPECTIVE-TAKING AND EMPATHY | $30,000 |
TRUSTEES OF INDIANA UNIVERSITY PURPOSE: CURIOSITY KILLS CLOSED MINDS CULTIVATING CURIOSITY TO INCREASE EMPATHY IN COLLEGE STUDENTS | $30,000 |
Oberlin, OH PURPOSE: PROMOTING VIEWPOINT DIVERSITY AND PERSPECTIVE TAKING THROUGH FUZZY COGNITIVE MAPPING | $30,000 |
Riverside, CA PURPOSE: THE VIEWS OF SCIENTISTS, ENGINEERS, AND PROFESSIONAL SCHOOL FACULTY ABOUT DIVERSITY, EQUITY AND INCLUSION POLICIES | $21,626 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Heterodox Academy has recieved totaling $1,027,719.
| Awarding Organization | Amount |
|---|---|
John Templeton Foundation West Conshohocken, PA PURPOSE: PROMOTING OPEN INQUIRY, VIEWPOINT DIVERSITY, AND CONSTRUCTIVE DISAGREEMENT | $855,669 |
Darla Moore And Richard Rainwater Foundation Lake City, SC PURPOSE: TO FURTHER THE MISSION OF ENHANCING THE QUALITY OF RESEARCH AND EDUCATION | $100,000 |
The Allen & Company Foundation Inc New York, NY PURPOSE: UNRESTRICTED | $25,000 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $17,100 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Jersey Charter Public Schools Association A New Jersey Non-Profi Hamilton, NJ | $3,579,653 | $10,181,414 |
Education Reform Now Advocacy Inc New York, NY | $9,049,502 | $13,254,867 |
Education Reform Now Inc New York, NY | $12,856,272 | $9,742,321 |
Zuckerman Institute Charitable Uta 09302015 New York, NY | $457,938 | $7,031,465 |
Character Lab Inc Philadelphia, PA | $4,681,422 | $6,946,574 |
College Of Physicians Of Philadelphia Philadelphia, PA | $49,395,959 | $7,255,479 |
Calyx Institute Brooklyn, NY | $4,391,437 | $6,703,987 |
Campus Compact Boston, MA | $2,930,117 | $3,976,934 |
Eskolta School Research And Design Inc New York, NY | $3,454,540 | $3,524,860 |
Heterodox Academy New York, NY | $1,652,564 | $2,832,778 |
Center Of Complex Interventions Inc Wellesley, MA | $1,309,883 | $3,150,464 |
Center For Curriculum Redesign Boston, MA | $2,918,305 | $3,304,952 |